Political Corruption And Corporate Finance
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A01=Duc Khuong Nguyen
A01=Quoc Trung Tran
Anti-corruption
Author_Duc Khuong Nguyen
Author_Quoc Trung Tran
Capital Structure
Cash Holdings
Category=JPZ
Category=KFFH
Corporate Finance
Corruption
Dividend Policy
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Investment
Political Corruption
Risk-taking
Product details
- ISBN 9781800614253
- Publication Date: 10 Nov 2023
- Publisher: World Scientific Europe Ltd
- Publication City/Country: GB
- Product Form: Hardback
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From a taboo topic in the early 1990s, corruption has now become an intriguing economic issue attracting broad attention from academics and practitioners. Political Corruption and Corporate Finance is the first attempt to scrutinize the effect of political corruption on corporate finance. It provides readers with a comprehensive overview of corruption-related issues and theoretical and empirical studies in corporate finance. This book summarizes the causes and effects of political corruption as well as anti-corruption mechanisms and initiatives; analyzes how political corruption at both state and local levels determines corporate financial decisions (investment, financing, and dividend); and discusses how the corruption environment determines firm-level financial behavior.The first three chapters of the book introduce political corruption, the status of political corruption, and anti-corruption campaigns around the world. The last three chapters focus on how firms make financial decisions, and the role of political corruption in corporate finance. By summarizing real problems and results from academic research, this work will help readers to understand how the corruption environment determines firm-level financial behavior.
